Sanofi shares jump on positive ‘smoker’s lung’ drug data
Sanofi and Regeneron's US-listed shares head higher in premarket. Sanofi’s asthma drug Dupixent, jointly developed with Regeneron, met all targets in a trial to treat "smoker's lung". Sanofi’s shares soared almost 5% in France.
Sanofi, Regeneron US-listed shares gain in premarket
Sanofi and Regeneron Pharmaceuticals Inc (24 Hours) are two drug stocks likely to soar at the Wall Street open. They are both tracking higher in premarket. If you're looking for an 'in' point, this could be your chance.
Dupixent
Sanofi's had positive results from this drug used in trials to treat asthma, among other things. Dupixent met all targets in a trial to treat "smoker's lung", potentially adding billions to the French drugmaker's growth prospects.
Share reaction
Sanofi's shares jumped in Paris. Regeneron's US-listed shares are up some 5% while Sanofi's US-listed shares are 6% higher premarket.
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